Hey Everyone, Great day on the chart today catching the move up form support inline with our plans to buy dips. Yesterday after break and lock confirmation below 2357, we got our retracement target hit at 2337. We then highlighted, as per the chart arrow our expectation for a bounce back into 2357. - This played out perfectly for the bounce into 2357 today. We...
Render is reacting more than others and it seems to be in an different market structure here as we have been building more higher higher lows and higher highs when zooming out. Currently we are on the edge of the MDay-Low range, we are looking for a sweep of this Weak Low and the MDay-Low right into the 1H demand zone and the range low. The volume profile should...
GBPUSD is moving in a descending channel near the upper boundary. The volatility of the price movement decreased when approaching the channel boundary. Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity USDJPY I still did my best and this is the most likely count for me at the...
Hey Everyone, Our 4H chart kick starts the week with 2357 support hit first. This followed with ema5 lock below 2357 opening the retracement range. This allowed us to wait patiently for the retracement range to be hit. This was hit perfectly and now we are seeing price test the first level of the retracement range. We expect support bounce on each level of the...
EURCHF formed a cup & handle pattern after a test of a key horizontal support. I am looking for a bullish breakout of its neckline to buy the pair. A daily candle close above 0.978 will confirm the violation. A bullish continuation will be expected to 0.982 resistance then. ❤️Please, support my work with like, thank you!❤️
As 2024 unfolds, gold prices are poised for a significant surge due to the economic and geopolitical forces that underline a strong bullish trend in the market. Despite the challenges posed by a strengthening U.S. dollar and hawkish stances from the Federal Reserve, gold has maintained robust performance. This strength is further supported by a marked increase in...
Technical analysis of gold also shows bullish prospects. Gold prices have charted an ascending widening wedge pattern since 2016, starting from a low of $1124.30. This pattern is often recognized for its expanding trend lines and suggests increasing volatility and bullish sentiment as price makes higher highs and lows. Furthermore, another bullish pattern has...
For USD, the weekend before May 10, the SBV announced the central exchange rate of 24,271 VND, an increase of 6 VND compared to the previously listed rate, the reference exchange rate at the SBV Exchange was at 23,400 - 25,450 VND. . Buying prices at commercial banks currently fluctuate between 25,120 - 25,225 VND while selling prices reach 25,484 VND. On the...
World gold price (XAU/USD) increased nearly 1.5% at one point last weekend, reaching a high of $2,378 before closing at $2,360. This is the second consecutive rising session since the previous sideway period. This precious metal broke out strongly in the context of geopolitical tensions showing signs of escalating in Gaza when peace negotiations between Hamas and...
The greenback steadied on Friday after dropping floor withinside the preceding consultation on susceptible jobs records, whilst sterling edged up following stronger-than-anticipated boom figures. At 04:10 ET (08:10 GMT), the Dollar Index, which tracks the dollar towards a basket of six different currencies, changed into buying and selling simply better at...
Hi, traders. Welcome to our cryptocurrency community! 🚀Whether you're an experienced trader or just getting started in the world of cryptocurrencies, we're delighted to have you here. We are willing to share about the XRPUSDT. #XRPUSDT Update: 💹. #XRPUSDT is moving down, followed by the trend line, and is now at the major support level, from which it can reach...
Hey Everyone, Please see our updated 1h chart levels and targets for the coming week. We are seeing price play between two levels 2365 and 2346. We have a open gap above at 2365, 2379 Goldturn and below at 2346. We will need to see ema5 lock above 2379 to further open the range above or a rejection will follow to find support at the retracement range. A cross...
Hey Everyone, Please see our updated 4h chart levels and targets for the coming week. We are seeing price play between two weighted levels 2389 resistance and 2357 support. We will need to see either weighted level break and lock to confirm the next range. We will need to see ema5 lock above 2389 to further open the range above or a rejection will follow to...
Hey Everyone, Please see our daily chart idea that we have been tracking and trading successfully since completing our last daily chart idea. Previously we saw the anticipated retracement take place into the channel half line where we expected a bounce. - This played out perfectly with the full half line test complete followed with the bounce up, as no lock...
Hey Everyone, As stated last week we completed all our Bullish targets after breaking out of the ascending channel and stated that we also need to keep in mind the detachment below highlighted in circle. This may need a correction on the top of the channel to form support for a bounce and continuation above or a break back into the channel will see the swing...
Hello Traders and Investors, today I will take a look at Intel Corporation. -------- Explanation of my video analysis: In April of 2022 we saw a major break towards the downside on Intel stock which was then followed by more bearish continuation of roughly -65%. Then Intel retested a multi year long structure and created a pretty decent bullish reversal and a...
A generic idea. Ethereum might bounce from this area. Definitely, support this idea with MACD and/or RSI for validation of reversal. Follow me for more ideas.
Hey Everyone, Once again another smashing finish to the week with our Bullish targets hit confirmed with ema5 lock to give us plenty of time to get in for the action. Yesterday after getting our lock confirmation above 2313 we confirmed the 2340 gap, which was left open and just fell short and we were looking for it to complete. - This was hit perfectly...